Exane BNP Paribas Initiates Shire At Outperform

Exane BNP Paribas initiated coverage on Shire PLC (ADR) SHPG with a Outperform rating. Shire shares have climbed 44.19 percent over the past 52 weeks, while the S&P 500 index has surged 12.25 percent in the same period. Shire shares declined 0.21 percent to $247.12 in pre-market trading.